Which of the following must exist in order for a person to possess apparent authority?
A) The principal's payment of consideration to the agent
B) The agent's consent to the agency relationship
C) A third party's belief that agency exists
D) The principal's written authorization to the agent
Correct Answer:
Verified
Q27: Why is agency important to sole proprietors?
A)Without
Q28: Which of the following is true of
Q29: _ refers to a two-party relationship in
Q30: Which of the following describes the type
Q31: Which of the following is true of
Q33: In which of the following cases does
Q34: Ahmed hired Shlomo to act as his
Q35: Which of the following is true of
Q36: Which of the following is true of
Q37: _ is actual authority that the principal
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